Consulting startups India
It has been said and written about enough that hiring good talent is no cakewalk. And there are many reasons behind this persistent problem. One of the factors contributing to it being the large gap between what is taught in universities/colleges and the industry requirements. Murtuza Rohawala saw these shortcomings in the education space and how it makes the transition from a college to a professional life very hard.
An alumnus of NMIMS, Mumbai and having worked for 10 years in the investment & finance industry with Axis Bank, Morgan Stanley and ENAM Securities, Murtuza quit his promising investment banking career to start Edfin Consultancy in Kolkata. Edfin Consultancy is a niche finance boutique firm which has two verticals – professional education (Ed) and financial services (Fin).
Talking about what made him quit his white collar job and start up Edfin, he says, “There are gaping holes in the education space, where we provide theoretical knowledge but when one moves to the actual work place, the skills required are missing.” Talking from his personal experience he adds, “After completing my MBA, when I started off as an Analyst at an investment bank I had no clue how to make a financial model or even use excel.”
Edfin’s financial services intend to help start-ups or SMEs who cannot afford professional services of investment bankers and business consultants. They assist companies in designing collaterals for making business plans, excel financial models of the business forecast, raising equity capital, presentations, information memorandums etc. Murtuza elaborates, “We work very closely with some established SMEs to help them create presentable outputs for franchise plans, corporate presentations to potential partners, customized research and project reports. We have worked with many kinds of start-ups in India like tech, media, financial software startups etc. looking to raise finances, mature businesses wanting to create business plans and professional collaterals. We have also begun to attract clients from overseas this quarter.” There are other startups like iXCFO that provide such services but the space is big enough for players to co-exist.
The professional education or corporate training offers courses in advanced Microsoft Excel, financial modeling, impact presentations, KYC and AML Workshops etc. They equip the employees and aspiring job candidates with the skill sets that their jobs entail. They have trained participants from a number of leading companies such as PWC, SREI, Accenture, HDFC Bank, Kotak Bank, ICICI Bank etc.
You might also like
Nortech Systems' (NSYS) CEO Rich Wasielewski on Q2 2014 Results - Earnings .. — Seeking Alpha
This expertise is especially valuable for development stage and start-up medical device companies. These companies are looking to us as manufacturing partners, so they can better focus on research and development and marketing of their products.
Q&A
What is the future of cloud computing in India?
It is as similar as it will be in the other parts of the world. Cloud has been rapidly expanding its root around the globe and country like India which is well know for the IT will also be empowered with Cloud
How cloud computing came in india?
i am curious about the cloud computing thing in India! can any one tell me detailed history of cloud computing in India??
According to IDC, India is facing an information explosion with digital data growing from 40.000 petabytes in 2010 to 2.3-million petabytes in 2020 – with the cloud in the middle as Indian companies look for leveraging cost advantages.
As a testament to this development, several research analysts have published predictions on the cloud growth in India:
According to a Gartner survey, Indian companies expect to adopt new cloud services in 2011 much faster than originally anticipated, with two-thirds of CIOs expecting the majority of IT to be running in the cloud within the next four years.
